After sorting out the planning and technical information of Baiwei Food Company, they transmitted it to Hao Simin in Shenzhen through encrypted satellite signals, so that she could carry out the next work based on this plan.
Although Baiwei Food Company is headquartered in Shenzhen, its future factories will be located all over the country, and will be laid out according to the principle of giving priority to origin.
After arranging the affairs of Baiwei Food Company, Zhao Yi passed the development plan of Tianji Dairy Company and related technical information that he had compiled to Qin Xiangqin via satellite.
Qin Xiangqin is now at Tengger Ranch. In order to facilitate management, Tengger Ranch has been transferred from Tianji Agriculture and Animal Husbandry Company to Tianji Dairy Company.
The purpose of this is to strengthen the capabilities of the entire industrial chain of Tianji Dairy Company. After all, it is not conducive to management to separate an industrial chain into two companies.
So Zhao Yi simply handed over Tengger Ranch to Tianji Dairy Company, and of course he had to compensate Tianji Agriculture and Animal Husbandry Company. After all, they had made great efforts for Tengger Ranch.
If you simply ask Tianji Dairy Company to pay a fee to Tianji Agriculture and Animal Husbandry Company, it will not have much effect. Anyway, both companies are Zhao Yi's sole proprietorships, which means that the left hand is the right hand, and the agriculture and animal husbandry company has not gained any substance. Sexual interests, especially the employees who work hard for Tengger Ranch.
Therefore, in order to appease the employees of the agricultural and animal husbandry company, Zhao Yi specifically asked the dairy company to pay a compensation of 10 million to the agricultural and animal husbandry company. This compensation was for the employees of the agricultural and animal husbandry company who participated in the construction of Tengger Ranch.
For example, the employees of Tengger Ranch that are now transferred to the dairy company will not receive compensation. At the same time, the employees of Mu Us Ranch who did not participate in the construction of Tengger Ranch will not receive compensation.
They have completed their essential work, and the content of their work has not changed substantially.
There are about 10,000 employees in this group. In other words, each of these agricultural and animal husbandry company employees who participated in the construction of Tengger Ranch can receive 1,000 yuan in financial compensation.
Although this amount of money is not large, it is still considerable. The average salary of employees in agricultural and animal husbandry companies is now 200 yuan per month, while the national average salary is about 100 yuan.
In other words, this amount is equivalent to five months of the company's average salary compensation for each employee.
After the Tengger Ranch was transferred to Tianji Dairy Company, Qin Xiangqin set aside a 50-square-kilometer piece of land in the center of the entire ranch as the headquarters of Tianji Dairy Company.
At the same time, the dairy production base of the entire ranch is also located here, so that the distance between each ranch location and the entire weighting center is shorter.
In order to transport fresh milk from various bases to the production base conveniently and quickly, Tianji Dairy Company will also build some roads to allow each base to reach the production base in a short distance.
Previous road construction was mainly to connect various strongholds. Such roads may not necessarily reach the production base in the shortest distance, resulting in increased transportation costs and prolonged transportation time.
Zhao Yi did not give Qin Xiangqin special instructions before, but she operated based on her own industry experience. At present, my country's dairy production technology is still relatively backward, and even the entire food processing technology is relatively backward.
If Zhao Yi had not passed the information to her this time, she would definitely have produced dairy products in accordance with the original industry standards.
Fortunately, it is still in the start-up stage, the construction of the production base has not yet begun, and the company has not yet recruited all employees, otherwise it will definitely lose a fortune.
After all, the original backward technology must undergo technical transformation, and some equipment will no longer be usable, so Zhao Yi's information is a timely gift.
No matter what Qin Xiangqin thinks, Zhao Yi has arranged everything he can, and the subsequent development of the two companies will require their own efforts.
If the results are not as expected, they will definitely be punished accordingly. It is expected that it will take about half a year for these two companies to get on the right track. They do not expect to see any results in the short term.
Just when Zhao Yi thought he could relax until the 1983 company annual meeting, Peter from Sunflower Investment Company, who had not heard from him for a long time, called.
Tell him that the investment company has acquired more than two-thirds of HSBC's shares through various means and in the name of various funds and investment companies, reaching 68%.
Now there are two options. One is to enter the HSBC board of directors, reorganize the HSBC board of directors and management, and not carry out the remaining actions.
In this way, HSBC will still be a listed bank and carry out business in various places, and its previous business will not be greatly affected.
The other is to pool these shares into a fund and hold a board meeting in the name of this fund. Because it is the absolute majority shareholder, it can make decisions in the company, and even delist HSBC and become a completely private company. bank.
Both methods have their own advantages. The first method is to increase the transparency of banks, making it easier to conduct business in various places and obtain more funds.
The second one is to keep Zhao Yi's capital transactions absolutely confidential. Because it is not a listed company, it does not need to disclose the company's financial reports to the outside world, nor does it need to accept external supervision.
However, the second type of bank cannot carry out public personal deposits in some countries, which means that it can only serve large customers and has a lower limit on the amount of a single deposit, which is not conducive to the rapid expansion of the bank.
After all, banks use depositors' money to make money. If there are not enough depositors, then the money earned will definitely be less.
This is for ordinary banks. For Zhao Yi, the confidentiality of the bank is the most important. With so much money he earns in various financial markets around the world every year, he needs a relatively safe place to circulate and store it.
The previous 100%-owned Hong Kong Wing On Bank was small in scale and had no branches in various places, making it troublesome to deal with.
According to Peter's report, in order to acquire shares from major shareholders, many shares were acquired at a premium, with the lowest premium being around 20% and the highest premium reaching 40%.
Although banks seem to be very profitable, in fact their profit margins are not high, and they cannot be used casually. Most shareholders can only benefit from the stock price.
However, unless something major happens to the bank's stock price, the price will be very stable. It is rare to see a big rise or fall, so the premium is already very high.
The entire bank of HSBC is worth about US$80 billion. According to the standard stock price, 68% of the shares should be worth US$54.4 billion. Now the overall premium is 25%. It would cost US$68 billion to acquire so many shares, which is an extra US$13.6 billion.
If you choose to delist, you will also need to acquire external shares at a premium. This needs to be negotiated with each stock exchange, and the premium will generally be about 20%.
HSBC is listed on multiple stock exchanges, and its listing locations are in New York, London and Hong Kong, so it needs to negotiate with the exchanges in these places respectively.
Now that the total market value of the global stock market is getting higher and higher, Sunflower Investment Company can make more and more money in the global stock market, and the result is that they have more and more funds.
If it cannot be used effectively, it will eventually cause a global financial crisis. No matter how healthy the stock market is, it cannot withstand the continuous shedding of wool by Sunflower Investment Company.
The best way is to put the money out through banks and let it participate in social and economic development. This will delay the outbreak of the financial crisis.
In the past, most of the funds of Sunflower Investment Company were invested in the mineral and petroleum industries. Now they can no longer invest in these industries. First, it has caused asset prices to rise, and second, it cannot digest so much funds.
Therefore, the privatization of HSBC is most beneficial to Zhao Yi. The funds of Sunflower Investment Company are enough to make up for the loss of deposits of small and medium-sized customers, so this will not have a great impact on HSBC.
If some countries prohibit private banks from operating in that country, then a joint-stock bank can be established in that country and can still make related investments, just under a different name.
With these considerations in mind, Zhao Yi asked Peter to proceed with the privatization and delisting of HSBC, and Zhao Yi also asked how much cash Sunflower Investment Company had.
As a result, Peter told Zhao Yi that the company had US$150 billion in accumulated funds, which was the balance of the entire year of 1983.
The reason why Zhao Yi asked this was because he wanted to transfer the money to the country, because he planned to create a financial group in the country, involving insurance, banking, investment and other fields.
If you were to establish a joint-stock financial group, you wouldn't need so much capital, but what Zhao Yi wanted to do was to establish a private financial group, which would require sufficient capital.
Zhao Yi told Peter his plan and asked him to reserve about US$100 billion in funds for him. The establishment of a domestic financial group would need to wait until HSBC completed its privatization and delisting.
Because only HSBC has enough financial talents, with these financial talents, some people from HSBC will be transferred to work in mainland financial groups.
The day after Zhao made his decision, Peter announced the acquisition of HSBC in the name of a fund company, which immediately caused an uproar.
Especially in Hong Kong, some business families who are closely related to HSBC are worried all day long, fearing that if HSBC changes to the status quo, their family businesses will suffer a huge blow.
People at HSBC were also very surprised when they heard the news. In this era, very few people can spend tens of billions of dollars so squandering.
Although some consortiums in Europe and the United States have large assets, they actually don't have much cash. It would be very difficult to acquire HSBC with cash.
If you want to acquire shares from investors, it is impossible to use asset mortgages. They all go for cash.
Thinking of this, in fact, the staff of HSBC were not as panicked as the outside world. They maintained a certain degree of attention and issued a statement to the outside world, saying that HSBC had good performance and was not afraid of acquisitions.
This is a statement that stabilizes people's hearts. Some investors who were afraid of large fluctuations in stock prices saw this statement and originally wanted to sell their shares but now decided to keep them in their hands. These are investors who expect stable returns.
Some investors who were looking forward to raising the stock price read this statement and understood what the HSBC staff meant, that is, it was absolutely impossible for HSBC to be acquired, so they hurriedly sold it while the stock price was slightly higher. (End of chapter)